Deductible: This is not a coverage but rather your portion of a claim.

I know well enough that keeping up on something like that is not my strong suit personally and I would need to hire someone to manage that portion of the business.Also a little off topic but if anyone knows a good resource about syndication that does more than just talk about how good it is and why and the basics and actually explains more about the details of setting one up, the format, regulations you have to comply with etc I would be super grateful for being pointed in the right direction.

@Jason Inks, I agree with @Christopher Williams for the most part The lower east side of Overland is defiantly C  grade, while some areas in the western portion are D. 

I am a little worried about the re-finance portion and if I can get on a conventional mortgage with my current dti ratio.

The appraisal is done beforehand because you will have to get approved for the construction portion of the loan which is based on that appraisal.

I'm leaning towards using a hard money lender to start for i don't have enough cash to fully invest in a property, (I could cover the rehab portion if need be) and i do not have enough connections yet to start raising private capital.

I realize rehabbing myself isn't scaleable, but it helps mitigate my risk initially by keeping my capital investment down and the house hacking portion means my "investment holding costs" are minimal or 0 because they are absorbed into my primary living expenses.

Usually portions of drywall will need to be removed to look at structural loads, mechanicals, insulation etc.  

Out attorney said that his clients are all able to claim the rent-back portion as a repayment (and not taxable as income) however our attorney is having heartburn over that and is narrowly citing 2 o3 use cases that preclude and award from income tax.   

He’ll be making more on the portion of the portfolio he manages this year than I will.